S.R.O. 6(I)/2022, Islamabad, the 3rd January, 2022

SROS: S.R.O. 6(I)/2022, Islamabad, the 3rd January, 2022 Amendments to the Securities Brokers (Licensing and Operations) Regulations, 2016 GOVERNMENT OF PAKISTAN SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, the 3rd January, 2022 NOTIFICATION S.R.O. 6(I)/2022.- The following draft amendments to the Securities Brokers (Licensing and Operations) Regulations, 2016, proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of powers conferred by section 169 of the Securities Act, 2015 (III of 2015) and section 114 of the Futures Market Act, 2016 (XIV of 2016), are hereby published for information of all persons likely to be affected thereby and, notice is hereby given, as required by sub-section (4) of the said section 169 and sub-section (4) of the said section 114, that objections or suggestions, if any, received with fourteen days from the date of placement of this notification on the website of the Commission, may be taken into consideration namely:- DRAFT AMENDMENTS In the aforesaid Regulations, - (1) In regulation 4, - (a) in clause (c), for the semi colon at the end a colon shall be substituted and thereafter the following new proviso shall be inserted, namely: - "Provided that no prior approval of the Commission…